AVY forming a potential flag formation. Moneyflow is deep on the negative side. Break below 68 will be confirmation of the flag breakout. You can check our detailed analysis on AVY in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=rx79s_EsaYk Time Span: 6:50" Trade Status: Pending --------------------
In the last 12 months, #CAR (Avis Budget Group) has lost more than half of its value. Since Jan 2016, the stock has ranged between 22 - 30 USD. Now the stock touched the 30 USD upper price level after it has increased with 25% in the last two weeks. Time for a short pull back before continuing the uptrend.